In 1H 2011, the Bank released provisions in the amount of RUB 127.9 million (in 1H 2010 provision charge amounted to RUB 4.5 billion).

Bank Saint Petersburg was ranked 15th in terms of retail deposits and 16th in terms of assets among the Russian banks (Interfax ranking) as at April 1, 2011. As at July 1, 2011, the number of cards issued by the Bank is 700 thousand; the Bank’s card network comprised of 473 ATMs. Today, the Bank provides services to more than 1 million individuals and 35 thousand corporates. At present Internet-Bank is actively used by 100 thousand clients.

As at July 1, 2011, Bank’s total capital calculated under the CBR regulations amounted to RUB 35.4 billion (+4.9% compared with January 1, 2011). As a result the capital adequacy as at July 1, 2011 amounted to 12.1% provided the required regulatory minimum is 10%.

Loan portfolio. The loan portfolio grew by 7.8% to RUB 212.4 billion. Corporate loan portfolio grew by 8.7% to RUB 194.4 billion. Retail loan portfolio decreased by 0.9% to RUB 18.0 billion. Provisions amounted to RUB 18.9 billion (-2.0% compared with January 1, 2011; -5.9% compared with April 1, 2011). Provisions to loans ratio amounted to 8.87%. In 1H 2011, the Bank released provisions in the amount of RUB 127.9 million (in 1H 2010 provision charge amounted to RUB 4.5 billion). As at July 1, 2011, the share of the overdue loans amounted to 3.76%; the level of coverage of the overdue loans by provisions amounted to 236%.